Morrison Crossroads, AL is a small town located in rural Alabama. It's a peaceful area with a close knit community and plenty of local businesses. Companies such as Moody's Grocery store and Morrison Crossroads Hardware provide great services to the residents. The rent for a two bedroom in Morrison Crossroads is much lower than the national average at $730 which is more affordable for those who live here. The cost of food is also relatively low when compared to the US, as it has an index score of 92 versus 100. This makes it easier to afford daily groceries than many other places. Overall, Morrison Crossroads is a great place to live with friendly people and affordable living costs.
Morrison Crossroads has an unemployment rate of 2.5%. The US average is 6.0%.
Morrison Crossroads has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Morrison Crossroads
- The Sales Tax Rate for Morrison Crossroads is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Morrison Crossroads is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Morrison Crossroads
- The average income of a Morrison Crossroads resident is $18,863 a year. The US average is $37,638 a year.
- The Median household income of a Morrison Crossroads resident is $21,402 a year. The US average is $69,021 a year.